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PlayReplay
19 May 12:34 PM AI-power PlayReplay secures $12m amid potential expansion into Saudi Arabia, regional markets
Mubasher: PlayReplay, an AI-powered intelligent court system for racquet sports, has raised a total of $12 million in a funding round led by Alfvén & Didrikson (A&D) alongside other investors, including Centre Court Capital, ExM Investment …
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19 May 12:24 PM SEDCO Capital REIT Fund’s unitholders to receive nearly SAR 26m dividends fro Q1-26
Riyadh – Mubasher: SEDCO Capital REIT Fund unveiled SAR 25.70 million in cash dividends for the unitholders of SEDCO Capital REIT Fund for the first quarter (Q1) of 2026, as per a bourse filing. The fund will disburse SAR 0.13 per unit, …
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19 May 12:04 PM Alinma Bank intends to offer USD-denominated AT-1 sukuk issuance
Riyadh – Mubasher: Alinma Bank plans to issue USD-denominated Additional Tier 1 (AT-1) capital sukuk under the Additional Tier 1 Capital Certificate Issuance program. The issuance is expected to be carried out through a special purpose vehicle …
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19 May 11:14 AM Nofoth to pay SAR 4.7m cash dividends for Q1-26
Riyadh – Mubasher: Nofoth Food Products Company announced interim cash dividends to shareholders valued at SAR 4.73 million for the first quarter (Q1) of 2026, according to a bourse filing. The company will pay out SAR 0.05 per share, representing …
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19 May 10:49 AM Alshehili Company inks SAR 6.5m agreement with Ninja Supply Chain
Riyadh – Mubasher: Alshehili Company for Metal Industries and Ninja Supply Chain Company penned an agreement valued at SAR 6.42 million on 18 May 2026, according to a bourse filing. Under the deal, the company will supply and manufacture 40 …
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19 May 10:36 AM Dar Al Balad for Business Solutions to begin trading on Tadawul this week
Riyadh - Mubasher: Dar Al Balad for Business Solutions Company is set to commence trading on the Main Market of the Saudi Exchange (Tadawul) on Wednesday, 20 March. The company will trade under the symbol 7205 with daily price fluctuation limits …
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19 May 09:58 AM ADNOC Distribution, Americana Restaurants International partner to improve roadside trail across region
Mubasher: The net profits of ADNOC Distribution and Americana Restaurants International joined forces to expand dining and convenience offerings across ADNOC Distribution service station locations in the UAE, Saudi Arabia, and Egypt. Under the …
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19 May 09:21 AM Umm Al Qura inks nearly SAR 211m sale deal
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company sold a plot of land within Masar Destination to Heyazah Osool Al Hejaz Development Company in exchange for SAR 210.76 million. Heyazah, the SPV of a real estate fund managed …
SAB Invest
19 May 08:57 AM We are supporting evolution of Saudi Arabia as global financial hub - SAB Invest CEO
Riyadh – Mubasher: SAB Invest, the investment arm of Saudi Awwal Bank (SAB), was announced as the first ETF market maker in the Kingdom, marking a new milestone in the Saudi capital market, according to a press release. The CEO of SAB Invest, Ali …
Saudi EXIM
19 May 08:43 AM Saudi EXIM provides SAR 13.2bn credit facilities in Q1-26
Riyadh – Mubasher: The Saudi Export-Import Bank (Saudi EXIM Bank) recorded an annual growth of 20.80% in its credit facilities during the first quarter (Q1) of 2026, reaching SAR 13.23 billion, compared to SAR 10.95 billion. This increase reflects …
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18 May 06:39 PM SABIC Agri-Nutrients extends agreement with PIF-owned SALIC
Riyadh – Mubasher: SABIC Agri-Nutrients Company has announced the extension of its memorandum of understanding (MoU) with the Saudi Agricultural and Livestock Investment Company (SALIC), a global agri-food investment company and a subsidiary of …
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18 May 06:06 PM IMF issues statement following visit to Saudi Arabia; regional capacity development discussed
Riyadh – Mubasher: The International Monetary Fund (IMF) and Saudi Arabia’s Ministry of Finance held the second High-Level Strategic Dialogue on Capacity Development and agreed to a suite of support to IMF capacity development across the Middle …
Ghaia Investment, Chicago Global
18 May 04:58 PM Ghaia Investment, Chicago Global introduce Parallax in Saudi Arabia
Riyadh – Mubasher: Ghaia Investment Holding and next-generation investment management firm Chicago Global are introducing Parallax in Saudi Arabia to help institutions form, review and govern investment decisions. Parallax is developed by Chicago …
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18 May 04:08 PM East Pipes Integrated announces dividend distribution for H2-25/26
Riyadh – Mubasher: East Pipes Integrated Company for Industry announced that its board of directors has approved a significant cash dividend distribution totaling SAR 126 million for the second half (H2) of the fiscal year (FY) 2025/2026, …
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18 May 03:24 PM Riyad Bank launches 1st corporate card offering via partnership with Mastercard
Riyadh – Mubasher: Riyad Bank and Mastercard jointly launched an innovative Travel and Expense (T&E) Corporate Card program, marking the Saudi lender’s first corporate card offering in the Kingdom. The launch builds on the two entities’ ongoing …
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18 May 03:04 PM East Pipes Integrated records 50% profit increase in FY25/26
Riyadh – Mubasher: East Pipes Integrated Company for Industry has reported a 50.02% surge in net profit for the fiscal year (FY) that ended on 31 March 2026. The net income reached a historic high of SAR 573.26 million in FY25/26 from SAR 382.12 …
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18 May 02:48 PM Almujtama Alraida Medical amends SAR 45m credit facility deal with Alinma Bank
Riyadh - Mubasher: Almujtama Alraida Medical Company reached an agreement with Alinma Bank to amend the uses of its credit facilities, according to a bourse disclosure. The company will utilize SAR 45 million to purchase goods, cancelling the part …
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18 May 02:22 PM Al Ashghal Al Moysra pens one-year agreement with Association of Masjid Building
Riyadh - Mubasher: Al Ashghal Al Moysra Company signed an agreement with the Association of Masjid Building at an amount of SAR 813,510 on 14 May 2026. The one-year deal covers the construction of a mosque for the Specialized Rehabilitation …
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18 May 02:04 PM SMC Healthcare’s OGM greenlights SAR 80m dividends for 2025
Riyadh - Mubasher: The ordinary general meeting (OGM) of Specialized Medical Company (SMC Healthcare) approved the board’s recommendation to distribute a cash dividend totaling SAR 80 million for 2025. The group will pay a dividend of SAR 0.32 per …
Multi Business Group Company
18 May 01:32 PM Multi Business Group secures contract with Saudi EXIM
Riyadh – Mubasher: Multi Business Group Company has officially announced the awarding of a substantial contract by the Saudi Export-Import Bank (Saudi EXIM) on 17 May 2026, according to a bourse filing. The project covers the comprehensive …
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18 May 12:43 PM Al Qemam to support government entity’s infrastructure under SAR 2.5m deal
Riyadh – Mubasher: Al Qemam for Computer Systems Company inked a SAR 2.36 million contract with Al Kam Telecommunications and Information Technology Company on 17 May 2026. The deal covers the provision of infrastructure support services to a …
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18 May 12:30 PM BCI unveils update regarding Jeddah land sale
Riyadh – Mubasher: Basic Chemical Industries Company (BCI), a major player in the Saudi industrial sector, has issued a detailed addendum regarding the sale of a company-owned land parcel in Jeddah, according to a bourse filing. The new …
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18 May 12:28 PM Majid Al Futtaim officially launches SHARE in Saudi Arabia
Mubasher: Majid Al Futtaim has officially launched SHARE in Saudi Arabia, introducing its flagship rewards program to one of the region’s fastest-growing and digitally connected markets, according to a press release. SHARE serves as the group’s …
Sport Clubs Company
18 May 12:02 PM Sport Clubs inaugurates new center in Dammam
Riyadh – Mubasher: Sport Clubs Company announced, on 18 May 2026, the official opening of a new fitness facility in Dammam. The new center in An Nada District marks a strategic expansion of the company’s presence in the Eastern Province, operating …
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18 May 11:59 AM Ataa Educational’s net profits jump 11% in 9 months
Riyadh – Mubasher: The net profits attributable to the shareholders of Ataa Educational Company hit SAR 88.61 million in the nine-month period that ended on 30 April 2026. The recorded profits climbed by 11.12% year-on-year (YoY) from SAR 79.74 …